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Commentaries — August 14, 2003

The Fed Still Doesn’t Get It! As late as a couple days ago, the Fed had an opportunity to “calm” the bond market by moderating their deflation-fighting view. They either did not get it, or decided they don’t mind higher interest rates. Either way this is bad news for the bond market.

Open The Fed Still Doesn’t Get It!
As late as a couple days ago, the Fed had an opportunity to “calm” the bond market by moderating their deflation-fighting view. They either did not get it, or decided they don’t mind higher interest rates. Either way this is bad news for the bond market.